Bayer Shareholders React Positively About Plan to Resolve Glyphosate Lawsuits June 28, 2019 By Tassilo Hummel and Ludwig Burger Bayer shares jumped on Thursday after it revealed plans aimed at resolving multi-billion dollar lawsuits linked to glyphosate, a move...
Specialist Re/Insurer Apollo Taps Steeds from XL Catlin as Political Risk U/W June 28, 2019 Lloyd’s managing agency Apollo Syndicate Management has appointed William Steeds as senior political risk underwriter for Syndicate 1969, effective immediately....
S. Africa Insurer Discovery Opens Bank, Challenging Traditional Lenders June 28, 2019 By Roxanne Henderson It took Discovery Ltd. 1.5 million man hours over four years to build a bank. When the startup opens to...
JBA Risk Management and FloodFlash Launch Parametric Flood Policy in UK June 28, 2019 JBA Risk Management and FloodFlash have formed a partnership to provide event-based flood insurance, which uses parametric triggers for property...
Blast of Hot Air from Sahara Triggers Record Heatwave Across Europe June 28, 2019 By William Wilkes Europeans fought to stay cool as a blast of hot air from the Sahara desert sent temperatures to records in...
China Creates Insurance Group to Take Over Troubled Insurer Anbang June 28, 2019 By Bloomberg News China has created the new insurance group set to take over the main operations of Anbang Insurance Group Co., the...
Fire Destroys Furniture Building, Warehouse in Mississippi June 28, 2019 Investigators are trying to determine what started a fire that destroyed a building in north Mississippi that houses a furniture...
West Virginia Medical Marijuana Program Could Take Years to Roll Out June 28, 2019 West Virginia patients and caregivers waiting for the state’s medical cannabis program to officially start in July shouldn’t expect their...
Cyber Risks Are Jeopardizing M&A Deals June 28, 2019 By Derek Hall Cybersecurity issues are increasingly becoming a concern in mergers and acquisitions, a new survey shows, and lapses can jeopardize deals...
TATA Group’s Fitzsimons Joins AIG as Shared Services Global Chief June 28, 2019 American International Group announced that Shane Fitzsimons is joining the company as global head of Shared Services. This is a...